The Real Deal New York

Friedland lands $84M in financing for 817-827 Madison Avenue

Money from M&T Bank looks to have been consolidated from pair of prior liens
By Eddie Small | December 14, 2018 04:00PM

817-827 Madison Avenue

Friedland Properties has received an $83.6 million mortgage from M&T Bank for 817-827 Madison Avenue.

The financing appears to have been consolidated from two prior liens, according to property records.

Friedland and M&T did not immediately respond to requests for comment.

The six-story building is located on the Upper East Side by East 68th Street. Friedland purchased the property in 2004 for $90 million.

Friedland and Rose Associates landed a $218 million loan in May from Wells Fargo for their new rental building at 7 West 21st Street.